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Summary Of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2014
Summary Of Significant Accounting Policies [Abstract]  
Net Income Allocation

 

 

 

 

 

 

 

 

 

 

 

 

 

For The Three Months

 

Ended March 31,

 

2014

 

2013

Net income allocable to noncontrolling interests:

 

 

 

 

 

Noncontrolling interests — common units

$

2,703 

 

$

2,566 

Total net income allocable to noncontrolling interests

 

2,703 

 

 

2,566 

Net income allocable to PS Business Parks, Inc.:

 

 

 

 

 

Preferred shareholders

 

15,122 

 

 

13,850 

Restricted stock unit holders

 

36 

 

 

33 

Common shareholders

 

9,940 

 

 

8,540 

Total net income allocable to PS Business Parks, Inc.

 

25,098 

 

 

22,423 

Net income

$

27,801 

 

$

24,989 

 

Calculation Of Earnings Per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

For The Three Months

 

Ended March 31,

 

2014

 

2013

Net income allocable to common shareholders

$

9,940 

 

$

8,540 

Weighted average common shares outstanding:

 

 

 

 

 

Basic weighted average common shares outstanding

 

26,863 

 

 

24,308 

Net effect of dilutive stock compensation — based on

 

 

 

 

 

treasury stock method using average market price

 

98 

 

 

103 

Diluted weighted average common shares outstanding

 

26,961 

 

 

24,411 

Net income per common share — Basic

$

0.37 

 

$

0.35 

Net income per common share — Diluted

$

0.37 

 

$

0.35